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134 results found Finance

Nigeria News Now

@NigeriaNewsNow News

Nigeria Unveils Reforms Scorecard with ₦15.8 Trillion Gains Finance Minister Taiwo Oyedele explained that reforms from June 2023 to December 2025 generated ₦15.8 trillion in extra resources through fuel subsidy removal and naira liberalization, shared as ₦5.4 trillion to the federal government, ₦6.5 trillion to states, and ₦3.9 trillion to local governments. Citizens gained from timely salaries, pension payments, student loans, subsidized housing, farm support, and tax relief for low earners, while avoiding crises like state bankruptcies and fuel shortages. The government posted full detai... View full post

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1559

3 days ago

Nigeria News Now

@NigeriaNewsNow News

STATEHOUSE PRESS RELEASE PRESIDENT TINUBU APPOINTS ABEL OLUMUYIWA ENITAN AS HEAD OF THE CIVIL SERVICE OF THE FEDERATION President Bola Ahmed Tinubu has appointed Mr Abel Olumuyiwa Enitan as the Head of the Civil Service of the Federation, effective August 27, 2026. Mr Enitan succeeds Mrs Didi Esther Walson-Jack, who will retire soon from the Federal Civil Service upon attaining the statutory retirement age of 60. Mr Enitan, from Osun State, is the most senior Permanent Secretary in the Federal Civil Service. He has served as Permanent Secretary for seven years and seven months,... View full post

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1569

3 days ago

DailyNews

@PostedNG News

Fellow Nigerians, When we began this journey of reform in 2023, I promised that the difficult decisions we were making would serve the purpose of building an economy that works better for you and a country that is stronger for our children. Today, your government presents The Reforms Scorecard. It sets out what our reforms have achieved, what they have cost us, and the greater costs and harms we have prevented by acting when we did. I have therefore directed the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele @taiwoyedele , to... View full post

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1610

3 days ago

DailyNews

@PostedNG News

STATEHOUSE PRESS STATEMENT BOI credits President Tinubu for success of N250 billion bond The Bank of Industry Limited (BOI) has praised President Bola Ahmed Tinubu for his leadership and support after its ₦250 billion Series 1 Fixed Rate Bond was oversubscribed within five days. The bank issued the bond through its BOI Financing SPV Plc under the bank’s $1 billion Multi-Currency Instruments Programme. BOI Chief Executive Officer Olasupo Olusi said the bond's oversubscription indicates investors’ confidence in the bank and Nigeria. “The strength of the investor response is a v... View full post

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867

4 days ago

Datanomics

@Datanomics News

NO MORE HIDING BEHIND NIGERIA’S NATIONAL NUMBERS. I think it is time for the @NBS_Nigeria to lead a subnational statistical revolution. Nigeria cannot continue to discuss development almost exclusively through national averages when the country is a federation of 36 states, the FCT and 774 local governments, each with vastly different economic structures, resources and governance outcomes. National aggregates can conceal subnational failure just as easily as they reveal national progress. If Nigeria’s GDP grows, which states are driving that growth? If poverty falls, where is ... View full post

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1993

10 days ago

DailyNews

@PostedNG News

STATEHOUSE PRESS RELEASE PRESIDENT TINUBU APPROVES LANDMARK DEEP OFFSHORE INVESTMENT FRAMEWORK TO UNLOCK UP TO US$50 BILLION IN NEW INVESTMENT President Bola Ahmed Tinubu, GCFR, has approved a landmark reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up to US$50 billion in deep offshore investment and restart Nigeria's large, capital-intensive offshore developments that have remained stalled for decades. The reform establishes a transparent, rules-based investment framework capable of supporting the next generation of dee... View full post

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1165

11 days ago

DailyNews

@PostedNG News

Governor Yusuf Receives FG Delegation Ahead Of Groundbreaking Of Kano Light Rail Project Governor Abba Kabir Yusuf has received a delegation from the Ministry of Finance Incorporated (MOFI) and Mota-Engil Nigeria ahead of the groundbreaking ceremony of the Kano Light Rail Project recently approved by President Bola Ahmed Tinubu. This was contained in a statement issued by the Governor's spokesman Sunusi Bature Dawakin Tofa which indicates that the delegation, led by the Dr. Armstrong Ume Takang of Ministry of Finance Incorporated (MOFI) and the Chairman of Mota-Engil Nigeria, Mr. Kola K... View full post

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1001

23 days ago

DailyNews

@PostedNG News

OPERATION HADIN KAI RECORDS SURRENDER OF SENIOR ISWAP FINANCE OPERATIVE AS WAVE OF TERRORIST SURRENDERS GATHERS MOMENTUM Troops of Operation HADIN KAI (OPHK) have recorded another major operational breakthrough with the surrender of a senior Islamic State West Africa Province (ISWAP) finance operative, underscoring the sustained impact of ongoing kinetic and intelligence-driven operations across the North East. The development comes amid a growing wave of terrorist surrenders, with approximately 46 terrorists and their family members voluntarily surrendering to troops in recent days, furth... View full post

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959

27 days ago

DailyNews

@PostedNG News

ABUJA, FCT JULY 26, 2026 PRESS STATEMENT *APC ANNOUNCES NATIONAL CAMPAIGN COUNCIL FOR OSUN STATE GOVERNORSHIP ELECTION* The All Progressives Congress (APC) announces the composition of its National Campaign Council and its Sub-Committees for the Osun State Governorship Election scheduled for Saturday, 15 August, 2026. As contained in a Notice signed by the Party's National Secretary, Senator Surajudeen Ajibola Basiru, Ph.D., BL, the National Campaign Council is chaired by H.E. Senator Hope Uzodimma, CON, Governor of Imo State and Chairman of the Progressive Governors' Forum. ... View full post

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944

27 days ago

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